CONTINENTAL BLDG PRODS INC (CBPX) Technical Analysis
NYSE:CBPX
Current stock price
CBPX Technical Rating and Analysis
Taking everything into account, CBPX scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, CBPX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CBPX did better than 90% of all other stocks.
- CBPX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CBPX is leading the market.
- In the last month CBPX has a been trading in a tight range between 36.25 and 37.00.
- Volume is considerably higher in the last couple of days.
CBPX Weekly and Daily overview Charts
CBPX Setup Rating and Analysis
Although CBPX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CBPX Support and Resistance Analysis
35.99
When analyzing the support we notice one important area.
- A support zone ranging from 36.35 to 36.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 37.00 to 37.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
CBPX Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CBPX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBPX is up. |
| ChartMill Relative Strength | 90.8 | POSITIVE | CBPX has a high relative strength, it outperformed 90.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBPX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBPX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBPX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.86 | OVERBOUGHT | The high RSI value suggests CBPX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CBPX has a positive trend. |
| Stochastics (14,3) | 77.41 | NEUTRAL | The Stochastics value for CBPX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for CBPX suggests low volalility. |
CBPX Chart- and CandleStick Pattern Analysis
CBPX Technicals: Chart, Performance Metrics, Trend & Indicators
36.99
0 (0%)
CONTINENTAL BLDG PRODS INC / CBPX TA FAQ
Can you provide the ChartMill technical rating for CONTINENTAL BLDG PRODS INC?
ChartMill assigns a technical rating of 8 / 10 to CBPX.
What is the trend direction for CBPX stock?
The current trend direction for CONTINENTAL BLDG PRODS INC (CBPX) is Bullish.
Can you provide the RSI signal for CONTINENTAL BLDG PRODS INC?
CONTINENTAL BLDG PRODS INC (CBPX) has an RSI value of 74.86. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for CONTINENTAL BLDG PRODS INC?
The buy/sell signal for CONTINENTAL BLDG PRODS INC (CBPX) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for CONTINENTAL BLDG PRODS INC?
CONTINENTAL BLDG PRODS INC (CBPX) has a support level at 36.93 and a resistance level at 37. Check the full technical report for our detailed analysis of CBPX support and resistance levels.